Funding you earn now, next payment 23:00 UTC−0.0155%/8h= −17.0% APRnext payment −$0.19 per $10,000 · paid last 24h +0.017%
Price spread now: Lighter against Arcus+0.047%7-day average +0.043% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$17as in the Price arb table
costs, in and out, $10k−$180.175% of the position
Funding, last 3 days (all we have)−0.071%−$7 on $10k
+Price spread, last 7 days−0.098%−$10 · spread now +0.047%, 7d avg +0.043%
=Together, before fees−0.169%+ Points / potential airdropLighter: Season 3 · farm board−$17 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.043%, so right now this pair is about funding alone: −$5 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Arcus HOOD-USD | 122.25 | 0.0187 | pay 0.0023% / 1h | 7m 24s | $1.1M | $1.7M | 10x |
| Short | Lighter HOOD | 122.31 | 0.0032 | get 0.0004% / 1h | 7m 24s | $2.9M | $2.2M | 10x |
Arcus HOOD-USD
Lighter HOODFunding history
latest
Range statsloading…
Price spread between the two exchanges
Lighter against Arcus. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$32.62
- Price spread: +0.047% → +0.043%
- $0.33
- Slippage, 4 orders
- −$13.01
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- −$49.8
- Costs to cover
- 0.175%
- Break-even
- never at this rate
Slippage from Arcus: live order book, 2 min ago; Lighter: live order book, 5 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Arcus live order book, 2 min ago | 0.41 bp | 4.8 bp −$5 | 8.0 bp −$80 | doesn't fit | doesn't fit |
| Sell Lighter live order book, 5 min ago | 1.10 bp | 2.2 bp −$2 | 6.3 bp −$63 | 297.6 bp −$29.8K | doesn't fit |
HOOD on 30 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps HOOD-USD | −0.0138% | 1h | 122.13 | −0.098% | $268K | $332K | 10x | as long as short |
| Aster HOODUSDT | 0.0000% | 8h | 122.42 | +0.141% | $108K | $263K | 20x | as long as short |
| Bybit HOODUSDT | 0.0000% | 8h | 122.37 | +0.098% | $3.9M | $8.8M | 25x | as long as short |
| OKX HOOD-USDT-SWAP | 0.0000% | 8h | 122.48 | +0.188% | $2.9M | $5.8M | 20x | as long as short |
| RISEx HOOD/USDC | 0.0000% | 1h | 122.35 | +0.082% | $393K | $1.4M | 10x | as long as short |
| Gate HOOD_USDT | 0.0000% | 8h | 122.38 | +0.106% | $568K | $7.9M | 50x | as long as short |
| Bitget HOODUSDT | 0.0000% | 8h | 122.38 | +0.106% | $5.6M | $9.6M | 20x | as long as short |
| Variational Omni HOOD | 0.0000% | 8h | 122.39 | +0.113% | $2.3M | $1.0M | — | as long as short |
| GRVT HOOD_USDT_Perp | 0.0000% | 8h | 122.44 | +0.152% | $857K | $2.0M | 10x | as long as short |
| Deribit HOOD_USDC-PERPETUAL | 0.0000% | 1h | 122.30 | +0.041% | $8K | $81K | 10x | as long as short |
Polymarket Perps HOOD-USD
Aster HOODUSDT
Bybit HOODUSDT
OKX HOOD-USDT-SWAP
RISEx HOOD/USDC
Gate HOOD_USDT
Bitget HOODUSDT
Variational Omni HOOD
GRVT HOOD_USDT_Perp
Deribit HOOD_USDC-PERPETUALShow all 30 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex HOODUSDT | 0.0000% | 8h | 122.38 | +0.106% | $1.0M | $8K | 10x | as long as short |
| Lighter HOODshort | +0.0032% | 1h | 122.31 | +0.047% | $2.9M | $2.2M | 10x | |
| Vest HOOD-USD-PERP | +0.0046% | 1h | 122.27 | +0.016% | — | $63K | 25x | as long as short |
| Binance HOODUSDT | +0.0047% | 8h | 122.44 | +0.155% | $22.2M | $87.9M | 20x | as long as short |
| SoDEX HOOD-USD | +0.0050% | 1h | 122.37 | +0.100% | $734 | $4K | 10x | as long as short |
| Ondo Perps HOOD-USD.P | +0.0050% | 1h | 122.36 | +0.090% | $1.2M | $1.6M | 15x | as long as short |
| Extended HOOD_24_5-USD | +0.0056% | 1h | 122.30 | +0.045% | $411K | $1.2M | 10x | as long as short |
| QFEX HOOD-USD | +0.0057% | 1h | 122.34 | +0.074% | $1.3M | $4.1M | 10x | as long as short |
| Coinbase International HOOD-PERP-INTX | +0.0080% | 1h | 122.43 | +0.147% | $198K | $1.9M | 10x | as long as short |
| Pacifica HOOD | +0.0100% | 1h | 122.31 | +0.048% | $70K | $114K | 10x | as long as short |
| KuCoin HOODUSDTM | +0.0100% | 8h | 122.37 | +0.098% | $1.3M | $1.1M | 20x | as long as short |
| ApeX Omni HOODUSDT | +0.0100% | 1h | 122.44 | +0.155% | $5K | $135K | 50x | as long as short |
| Orderly PERP_HOOD_USDC_mythos | +0.0100% | 8h | 122.42 | +0.139% | $2K | $2K | 10x | as long as short |
| Aevo HOOD-PERP | +0.0104% | 1h | 122.31 | +0.052% | $16K | — | 10x | as long as short |
| tradeXYZ xyz:HOOD | +0.0108% | 1h | 122.34 | +0.074% | $52.5M | $29.8M | 10x | as long as short |
| BloFin HOOD-USDT | +0.0180% | 8h | 122.44 | +0.155% | $183K | $123K | 20x | as long as short |
| Arcus HOOD-USDlong | +0.0187% | 1h | 122.25 | long leg | $1.1M | $1.7M | 10x | |
| Injective HOOD/USDC PERP | +0.0258% | 1h | 123.07 | +0.671% | $63K | $50K | 30x | as long as short |
| Phoenix HOOD | +0.0388% | 1h | 122.44 | +0.155% | $28K | $188K | 10x | as long as short |
| edgeX HOODUSDC | +0.0985% | 4h | 122.43 | +0.144% | $368K | $306K | 10x | as long as short |
Phemex HOODUSDT
Vest HOOD-USD-PERP
Binance HOODUSDT
SoDEX HOOD-USD
Ondo Perps HOOD-USD.P
Extended HOOD_24_5-USD
QFEX HOOD-USD
Coinbase International HOOD-PERP-INTX
Pacifica HOOD
KuCoin HOODUSDTM
ApeX Omni HOODUSDT
Orderly PERP_HOOD_USDC_mythos
Aevo HOOD-PERP
tradeXYZ xyz:HOOD
BloFin HOOD-USDT
Injective HOOD/USDC PERP
Phoenix HOOD
edgeX HOODUSDC